# Xinfengming starts construction of 2.7 million ton polyester project in Jiangsu

Xinfengming held the commencement ceremony for a polyester project at its Xinyi industrial base in northern Jiangsu, China. The project involves an investment of 18 billion yuan to build 9 polymerization units and related facilities, with an annual production capacity of 2.7 million tons of polyester products. Completion is planned for end of October 2022.

- Type: New facility
- Announced: 2021-05-22
- Where: Xinyi industrial base, northern Jiangsu, China
- Value: $2.80B (18.0B CNY)
- Starts operating: 31 Oct 2022
- Status: under construction
- Capacity: 2.7 million tons per year of polyester
- Products: polyester filament, staple fiber, film, chip
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Xinfengming Group](https://endata.com/companies/15176.md)

## Sources

- [sjfzxm.com](http://www.sjfzxm.com/global/en/584226.html), 2021-05-28: "The commencement ceremony of polyester project of xinfengming Xinyi industrial base was successfully held."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.